January Morris and Middlesex County Single Family Sales

by | Feb 26, 2021 | Uncategorized

Morris County   Single Family Homes for January Key Metrics        2020    2021     Change New Listings        533      408    – 23.5% Closed Sales       371      390     + 5.1% DOM*                  75        41      – 45.3% Median PX       $428K   $517K    + 20.9% %...

Monmouth and Ocean January Sales

by | Feb 25, 2021 | Uncategorized

Monmouth County   Single Family Homes for January Key Metrics        2020    2021   Change New Listings         885     607    –31.4% Closed Sales        489     540     + 10.4% DOM*                   68        47    –  30.9% Median PX       $460K   $549K   + 19.3% %...

NJ Median Sales Price Up 22.4 Percent

by | Feb 24, 2021 | Uncategorized

January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited...